January 20, 2021

With over 70% growth, TO THE NEW clocks the revenue of INR 260 Cr. in FY 2019-20, targets 350 Cr. for the next fiscal.

TO THE NEW is a rapidly growing digital technology company based in India. It announced a revenue growth of  71.4% for the FY 2019-20 to INR  260 crores. The company bagged around 50% Y-o-Y growth since 2017.

When the entire economy was facing a downfall due to the pandemic situation, the company saw growth in the first quarter of 2020-21. It has signed upto 20 new clients in the last 3 months. 2/3rd of them are associated TO THE NEW for Cloud and related services. The company has also received an  increasing interest for the Cloud migration and the cost optimization services. It has provided full support to the enterprises ensuring their continuity.

In the year 2019-20, the company was listed among Top 50 ‘India’s Best Companies to Work For 2019’ and  Top 25 ‘India’s Best Workplaces in IT & IT-BPM 2019′ by the Great Place to Work® Institute. It got a special feature as a Leader under Small & Medium Service Providers Category in the Zinnov Zones ER&D Services Ratings 2019. Not only did it get the Amazon Web Services (AWS) Migration Competency badge , it also bagged other titles such as ‘Cloud Company of the Year’ at Star of the Industry Awards 2019 and ‘Best Martech Company of the Year 2019’ at The Digital Customer Experience Summit and Awards. The company has a bigger workspace with  greater workforce. The workforce has strong knowledge of  Cloud and data technologies.

 Deepak Mittal, CEO & Co-founder, TO THE NEW said they are tremendously happy to have achieved this growth faster than they had thought. They are putting endeavors to achieve their target of INR 750 Cr. in revenue in FY2023.  They will continue their investment in people and the emerging technologies and provide full support to the businesses to achieve their targets even in this moment of crisis.